• Banking Solutions For Government Contracting Companies - Paul Covill

  • Sep 8 2023
  • Duración: 18 m
  • Podcast

Banking Solutions For Government Contracting Companies - Paul Covill Por arte de portada

Banking Solutions For Government Contracting Companies - Paul Covill

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  • Welcome back to the podcast! In this episode, we have a fantastic guest, Paul Covill, who shares insights into the world of Government Contracting and how his bank, Burke and Herbert, specializes in this industry. Burke and Herbert Bank, with its rich history dating back to the 1850s, has a unique story of serving customers for over a century. Paul discusses the bank's recent expansions into new markets, its transition to NASDAQ 📈, the move to a new Corporate Center in Alexandria, and the exciting merger with Summit Bank in West Virginia. The conversation also delves into the importance of maintaining a consistent culture as the bank expands into new regions, highlighting the access to leadership as a unique aspect of Burke and Herbert Bank. The CEO, Dave Boyle, actively engages with clients and prospects, ensuring a unified culture throughout the bank's operations. Paul emphasizes that one of the bank's strength lies in its ability to offer both commercial banking and commercial real estate solutions, catering to a diverse clientele, including medical, dental, and government contracting sectors. Paul emphasizes the importance of having a supportive banking partner that not only provides credit facilities but also offers treasury management solutions 💼. Understanding the specific needs of each business and helping them navigate their unique financial landscape is crucial to the bank's approach. In closing, Paul offers valuable advice to business owners, urging them to communicate not just their successes but also their challenges and risk mitigation strategies when engaging with bankers. He highlights the collaborative nature of building long-lasting relationships with clients and the importance of access to leadership within the bank. To get in touch with Paul Covill, you can call or text him at 540-645-8929 📞 or email him at pcovill@burkeandherbertbank.com 📧. Don't miss this insightful episode of "Banking on Your Business" with Jacob Robertson, brought to you by Transact Capital! 🎙️📊
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